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Axtel, S.A.B. de C.V. reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was MXN 2,868.54 million compared to MXN 2,781.58 million a year ago. Net loss was MXN 304.12 million compared to MXN 257.71 million a year ago. Basic loss per share from continuing operations was MXN 0.02 compared to MXN 0.01 a year ago. Diluted loss per share from continuing operations was MXN 0.02 compared to MXN 0.01 a year ago. Basic loss per share was MXN 0.02 compared to MXN 0.01 a year ago. Diluted loss per share was MXN 0.02 compared to MXN 0.01 a year ago. For the nine months, sales was MXN 8,258.73 million compared to MXN 8,158.35 million a year ago. Net loss was MXN 779.5 million compared to net income of MXN 26.94 million a year ago. Basic loss per share from continuing operations was MXN 0.04 compared to basic earnings per share from continuing operations of MXN 0.01 a year ago. Diluted loss per share from continuing operations was MXN 0.04 compared to diluted earnings per share from continuing operations of MXN 0.01 a year ago. Basic loss per share was MXN 0.04 compared to basic earnings per share of MXN 0.01 a year ago. Diluted loss per share was MXN 0.04 compared to diluted earnings per share of MXN 0.01 a year ago.
Period Ending: | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
---|---|---|---|---|
Total Revenue | 2868.54 | 2742 | 2648.64 | 2797.53 |
Gross Profit | 1529.21 | 2004 | 1478.79 | 1448.19 |
Operating Income | 264.23 | 248 | 210.16 | 224.36 |
Net Income | -304.12 | -466 | -9 | 287.37 |
Period Ending: | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
---|---|---|---|---|
Total Assets | 17471.6 | 17140 | 16781.82 | 16709.15 |
Total Liabilities | 15136.75 | 14487 | 13661.69 | 13592.32 |
Total Equity | 2334.86 | 2653 | 3120.13 | 3116.84 |
Period Ending: | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 363.55 | 1032.74 | ||
Cash From Investing Activities | -347.2 | -258.37 | ||
Cash From Financing Activities | -400.51 | -136.4 | ||
Net Change in Cash | -386.82 | 612.35 |
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